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US-China Tariff Framework Announced: Toys and Consumer Goods Export Beneficiaries
On Sept 28, the Ministry of Commerce announced a US-China '300 billion for 300 billion' reciprocal tariff reduction framework, lowering duties on about $30 billion of Chinese imports including toys. Securities Times interviews with listed companies indicate this is a positive marginal signal, potentially lowering export costs and boosting price competitiveness. AI-generated
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